$BTC 4.24 Midday Bitcoin and Ethereum Market Analysis and Trading Suggestions



From the current market structure, after the daily chart closes as a doji, there is no sign of weakening. Instead, the Bollinger Bands remain open upward, and the moving average system and MACD are diverging upward in sync, indicating that the bullish structure is still healthy. The doji is more likely to suggest a consolidation relay rather than a trend reversal.

The four-hour timeframe is especially critical: after two consecutive wick pullbacks back to the Bollinger Band middle track, the price quickly recovered each time, forming a classic “double-bottom probing” structure that confirms the strong support strength of the middle-track area. Although the Bollinger Bands have not opened again yet, the three bands continue to tilt upward, suggesting the market is in a strong consolidation phase of “range trading rather than adjustment.” The rebound momentum is only being built up, not disappearing.

Once the consolidation is complete, a new round of rally with increased volume is highly likely. There is no need to fear chasing at the current position; every pullback near the middle track is a low-buy opportunity. In terms of execution, stick to the approach of buying the dips and patiently wait for the price to open up to the upside.

Strategy reference: You can consider placing long orders by watching the middle-track pullback area (specific levels depend on real-time market conditions). For the upside, first look toward the area near the previous high; after a breakout, you can further target higher levels. Set your stop-loss strictly and control your position size as needed. #比特币反弹
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